Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Ontario Real Estate Exam with our comprehensive Humber Course 2 Exam Practice quiz. Engage with multiple choice questions and detailed explanations, designed to help you excel.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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In real estate terms, what are chattels?

Items attached to the building that are not part of the sale unless specified.
Fixtures that cannot be removed after sale.
Movable property items not considered real estate.
Accessory buildings included in the sale.
Items that remain with the property post-sale.
Goods included with real property unless excluded by the seller.

The correct answer is: Movable property items not considered real estate.

In real estate, chattels are movable personal property items that are not considered part of the real estate. This distinction is important because while real estate refers to land and anything fixed to it (like buildings), chattels are not permanently attached and can be easily removed or transferred. The other options are not correct because they do not accurately describe the definition of chattels.